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LAND WITH PLANNING

Berkshire - Secured Loan

LAND WITH PLANNING

Berkshire - Secured Loan

GROSS LOANLOAN TYPETERMLTVLOCATIONMONTHLY RATE
c. £3mSecured Bridge24 monthsc.30%Berkshire0.70%

OVERVIEW

The borrower requested a loan from Novellus, secured on existing land with outline planning for industrial purposes, to release equity from the site and provide capital for other projects.

 

THE BORROWERS

Underwrite: As experienced developers the borrowers had successfully secured outline planning for industrial purposes on their existing 10 acre site, significantly enhancing its value. Being privately funded, Novellus was able to offer the borrowers certainty of capital and execute the transaction quickly on competitive terms in a rapidly changing market.

Terms and Timelines: Novellus provided a secured gross loan of £3m at a competitive rate of 0.70% per calendar month, fixed for 24 months and the loan was completed within 2 weeks.

Quick Enquiry

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DPA Registration Number: ZA259171

Borrowing from Novellus Limited involves entering into an unregulated loan secured against property. Think carefully before securing debt against your property. Your property may be at risk if you do not keep up with your loan repayments.
 
The content on this website is for information purposes only and does not constitute financial or investment advice.
 
Novellus Limited is registered with and supervised by the Financial Conduct Authority (FCA) for anti–money laundering supervision purposes only (Registration No. 782166). We are not authorised by the FCA to offer regulated mortgages or other regulated lending activities.
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T Bromley, 15-17 London Road, Bromley, BR1 1DE
0203 397 4871
[email protected]
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©2025 Novellus is a trading style of Novellus Limited registered in England and Wales.
Company No. 10790634. Registered address: T Bromley, 15-17 London Road, Bromley, BR1 1DE

THINK CAREFULLY BEFORE SECURING DEBT  AGAINST YOUR PROPERTY. YOUR PROPERTY MAY BE AT RISK IF YOU DO. NOT KEEP UP WITH YOUR LOAN REPAYMENTS.